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Home My WebLink AboutContract 40244CITY SECRETARY tf ~ CONTRACT NO . 0~ MEMORANDUM OF OIL AND GAS LEASE STATE OF TEXAS COUNTY OF TARRANT § § KNOW ALL MEN BY THESE PRESENTS: § BE IT REMEMBERED that on then day of ~v~L , 2010, a Paid Up Oil and Gas Lease was made and entered into by and betw;the CITY OF FORT WORTH, a home rule municipal corporation of the State of Texas , 1000 Throckmorton Street, Fort Worth, Texas 76102 , hereinafter called "(LESS OR)"; and CHESAPEAKE EXPLORATION, LLC , P.O . Box 18496 , Oklahoma City, Oklahoma 73154 , hereinafter called ("LESSEE"), where LESSOR hereby grants, leases and lets exclusively to LESSEE for the purpose of exploring for , developing , producing and marketing oil and gas, together with any liquid or gaseous substances produced in association therewith , from the following described land situated in Tarrant County , Texas, to-wit: SEE EXHIBIT "A" ATTACHED HERETO AND MADE A PART HEREOF Subject to the other provi s ions therein contained , said lease provides for a primary term of two (2) years , from the date thereof, and as long thereafter as oil or gas or other substances covered therein are produced in paying quantities from the leased premises or from lands pooled therewith, or this lease is otherwise maintained in effect pursuant to the provisions therein. An Executed copy of said Oil and Gas Lease is in the possession of LESSEE at its address indicated above. Executed this the11 day of A:yvtl , 2010. LESSOR: CITY OF FORT WORTH By: Fernando Costa Title: Assistant City Manager APPROVED AS TO FORM A By:~"'4 ) fa-0.--0 .,fa Assistant cii;Attomey Date: '/:/1-& j u l LESSEE: CHESAPEAKE EXPLORATION, LLC, an L-\ Merritt Manager company c ontract AuthorizatioR +\ Da t e \0 OFFICIA RECORD CITY SECRETARY WORTH,TX ACKNOWLEDGEMENTS THE STATE OF TEXAS § § COUNTY OF TARRANT § BEFORE ME, the undersigned , a notary public , on this day personally appeared Fernando Costa, known to me to be the person whose name is subscribed to the foregoing instrument and acknowledged that he has executed the same for the purposes and consideration therein expressed. 2010 _ GIVEN under my hand and seal of of,fice this ,17JJ-day of~fl, .... ~"'-'tf_ ........... ,=L,c__ __ _ ~/;µ,!/~ otaryPublic, State of Texas My Commission Expires: _____ _ Commission Number: ------- ST ATE OF OKLAHOMA § COUNTY oF O ~AnO~ § EVONIA DANIELS MY COMMISSION EX PIRES July 10, 2013 /\ \ 'ff BEFORE . ME, the undersigned , a notary public , on this day personally appeared ~ \ _ J' fv\cVr, tf:-l,NJP{ ~ , known to me to be the person whose name is subscribed to the foregoing i~t and acknowledged that (s)he has executed the same for the purposes and consideration therein expressed . GIVEN under my hand and seal of office this ~ day of _fvl_~t1j ........ -+----- 2010. My Commission Expires : Commission Number: 2 OFFICIA RECORD CITY SECRETARY -1 WORTH, TX EXHIBIT A 28.292 acres , more or less, being a 68 acre tract of land in the W.W. Wheat Survey, A-1645, as described in that certain Warranty Deed to the City of Fort Worth, dated May 9 , 1927, recorded in Volume 985 , Page 318 , Tarrant County, Texas , further described by metes and bounds as follows: BEGINNING at the southeast comer of said Survey; THENCE West with the South line 812 varas; THENCE North 469 varas; THENCE East 812 varas to the East line of said survey; THE CE South with the East line of said Survey 469 varas to the PLACE OF BEGINNING , containing 68 acres. SA VE & EXCEPT: the following three tracts of land. Tract 1 A 30.617 acre tract ofland in the W.W . Wheat Survey, A-1645, as described in that certain Warranty Deed to Southwestern Baptist Theological Seminary, dated March 2, 1955 , recorded in Volume 2844, Page 52 , Tarrant County, Texas, further described by metes and bounds as fo llo ws: BEGINNING at a stake in the west line of said C it y of Fort Worth tract and 192-3/10 feet from it s southwest comer; THENCE north no degrees -11 minutes east, along the west line of said City of Fort Worth tract, 1215 8/10 feet to its northwest comer; THENCE east along the north line of said tract 1010 4/10 feet to a point in a line for the west line of James Street; THENCE along said line for the west lin e of James Street, being 20 feet westerly from the face of the existing west curb of said James Street; THENCE south 82 degree s -16 minutes east 68-2/10 feet to a stake; THENCE south 66 degrees -33 minutes east 50 feet to a stake; THENCE south 50 degrees -33 minutes east 50 feet to a stake; THENCE south 34 degrees -33 minutes east 50 feet to a stake; THENCE South 18 degrees 16 minutes east 100 feet to a stake; south 9 degrees -55 minutes east 100 feet to a stake; south 2 degrees -0 2 minutes east 100 feet to a stake; south 6 degrees -02 minutes west 100 feet to a stake ; south 13 degrees -52 minutes west 100 feet to a stake; south 21 degrees 45 minutes west 100 feet to a stake ; south 29 degrees -41 minutes west 100 feet to a stake; south 3 7 d egrees -10 minutes west 100 feet to a stake; so uth 3 8 degrees -12 minutes west 100 feet to a stake; south 37 degrees -14 minutes west 100 feet to a stake; south 35 degrees -53 minutes west 100 feet to a stake; and south 31 degrees 22 minutes west 71 feet to a stake at its intersection with a line for the north lin e of Seminary Drive ; 3 L OFFI IAL RECO iJ ... IT SECRETARY ORTH TX THENCE along said line for the north line of Seminary Drive: south 83 degrees -15 minutes west 176-8 /10 feet to a stake at the beginning of a curve to the right with a radius of 300 feet; and then along said curve to the right 13-1/10 feet to a stake; and south 85 degrees -45 minutes west 468 -4/10 feet to a stake at the beginning of a curve to the right with a radius of 2821 feet; and then along said curve to the right 191 -2/10 feet to the PLACE OF BEGINNING and containing thirty and six hundred seventeen one thousandths (30.617/1000) acres. Tract 2 A 3.784 acre tract ofland in the W .W . Wheat Survey , A -1645 , as described in that certain Warranty Deed to the T. W. Butler Construction Co., Inc., dated July 11 , 1951, recorded in Volume 2333, Page 570 , Tarrant County , Texas , further described by metes and bounds as follows: BEGINNING at a stake in the south line of the W.W. Wheat Survey , 812 varas west of the southeast comer of said survey , said stake being the southwest comer of the tract of land conveyed to the City of Fort Worth by deed recorded in the Deed Records of Tarrant County, Texas , in Volume 985 at Page 318 ; THENCE east along the south line of said W.W. Wheat Survey 767.3 feet to a stake in the west line of James A venue ; THENCE northerly along a curve to the right whose center bears south 82 Vi O east 636 .67 feet a distance of 233.9 feet to a stake; THENCE south (This call is illegible) THENCE south 86 ° 31 ' west 3 70.5 feet to a stake at the beginning of a curve to the right with a radius of 2823.4 feet ; THENCE along said curve to the right a distance of 181.6 feet to a stake in the west line of the aforesaid tract ofland conveyed to the City of Fort Worth by deed recorded in the Deed Records of Tarrant County , Texas , in Volume 985 at Page 318; THENCE south along the west line of the aforesaid tract conveyed to the City of Fort Worth 187.3 feet to the PLACE OF BEGINNING, the tract ofland herein conveyed containing 3.784 acres of land. Tract 3 A 4.67 acre tract of land in the W.W. Wheat Survey, A-1645 , as described in that certain Warranty Deed to the Tarrant Investment Company dated September 4 , 1935 , recorded in Volume 1262, Page 637 , Tarrant County , Texas , and further described by metes and bounds as follows: Four and sixty-seven hundredths ( 4.67) acres ofland out of the Southeast corner of a 68 acre tract of land conveyed to the City of Fort Worth by C. L. Mobley and wife , Mary Mobley , by deed dated May 9, 1927 , and recorded in Book 985 , Page 318 of the Deed Records of Tarrant County , Texas ; the particular tract herein conveyed being described and identified as 4 .67 acres ofland located in the Southeast Section of Rosemont Parkand bounded as follows: Bounded by James Street on the west , by Sixth A venue on the east, by Prince Street on the north and by the south property line ofRosemont Park on the South. Leaving 28 .292 acres , more or less. (Rosemont Park) 4 L OFFJCIA RECO D CITY SECRETARY ORTH. TX